Banking Awareness Financial Awareness & Current Affairs for IBPS PO CLERK RBI AND All Other banks Questions with Answers

6) What is the minimum and maximum limit for investment?
a) Minimum investment in the Bond shall be one gram (gold) with a maximum limit of subscription of 4 kg (gold) for individuals
b) 4 kg (gold) for Hindu Undivided Family (HUF) and 20 kg (gold) for trusts
c) Both (a) & (b)
d) 50 Kg gold
e) 70 Kg gold

View Answer
c) Both (a) & (b)

7) RBI had constituted which Committee on Currency Movement (CCM) to review the entire gamut of security of the treasure in transit.? Give details.
a) Shri D.K. Mohanty, Chairman
b) The recommendations of the Committee have been examined and in order to mitigate risks involved in open cash replenishment/ top-up, it is advised that banks may consider using lockable cassettes in their ATMs which shall be swapped at the time of cash replenishment
c) Both (a) & (b)
d) Only Rs.1000 notes should be used
e) None of these

View Answer
c) Both (a) & (b)

8) Keeping in view the importance of ensuring the safety and soundness of financial institutions in general, it has been decided to selectively extend elements of the Basel III capital framework to the which AIFIs, with effect from April 1, 2018 ?
a) EXIM Bank
b) NHB
c) NABARD
d) SIDBI
e) All the above

View Answer
e) All the above

9) Who is the new Governor of the People’s Bank of China, Central Bank of China ?
a) Xi Jinping
b) Yi Gang
c) Wen Jiabao
d) Gina Haspel
e) None of these

View Answer
b) Yi Gang
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